Managing the launch of new Private Assets Funds
We delivered a scalable private equity and debt target operating model for a global asset manager
Our client is the largest private open Defined Benefit pension schemes in the UK (£50bn+) with 380,000 members across 370+ institutions.
The Final Salary (FS) section of the scheme was closed to new members but the DB scheme continued to run at a funding deficit. This led to the trustees having to consider the options for the scheme, including the possible introduction of a Defined Contribution (DC) element.
Following consultation, a revised scheme structure was launched and we were engaged to support a number of key areas on the programme.
We supported the programme by:
We were able to support the successful launch of the revised scheme including: